Crypto M - Crypto News
2.08K subscribers
15.9K photos
194 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
πŸš€ Bitcoin(BTC) Drops Below 97,000 USDT with a Narrowed 3.44% Increase in 24 Hours

On Dec 21, 2024, 13:23 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 97,000 USDT and is now trading at 96,840 USDT, with a narrowed narrowed 3.44% increase in 24 hours.

#Bitcoin #BTC #USDT #cryptocurrency #Binance #marketdata #trading #financialnews
πŸš€ BNB Drops Below 660 USDT with a Narrowed 2.18% Increase in 24 Hours

On Dec 21, 2024, 13:28 PM(UTC). According to Binance Market Data, BNB has dropped below 660 USDT and is now trading at 658.570007 USDT, with a narrowed narrowed 2.18% increase in 24 hours.

#BNB #Cryptocurrency #Binance #MarketData #USDT #PriceDrop #Trading
πŸš€ Bitwise Updates Cryptocurrency ETF Holdings

According to PANews, Bitwise has released updated data on its cryptocurrency exchange-traded funds (ETFs) as of December 20. The company's Bitcoin ETF holds 41,165.79 BTC, valued at approximately $3,986,965,091.07. Meanwhile, its Ethereum ETF contains 119,021.31 ETH, with an estimated value of $411,507,871.29.

#Bitwise #Cryptocurrency #ETF #Bitcoin #Ethereum #BTC #ETH #MarketUpdate
πŸš€ El Salvador Increases Daily Bitcoin Purchases, Aims for 20,000 BTC

According to Odaily, Max Keiser, a senior Bitcoin advisor to the President of El Salvador, disclosed that President Bukele has intensified the country's daily Bitcoin purchases. The medium-term goal is to acquire an additional 20,000 Bitcoins.

#ElSalvador #Bitcoin #BTC #MaxKeiser #PresidentBukele #cryptocurrency #blockchain
πŸš€ El Salvador Increases Daily Bitcoin Purchases, Aims For 20,000 More

According to BlockBeats, El Salvador's President Nayib Bukele has intensified the country's daily Bitcoin acquisition efforts. Max Keiser, a senior Bitcoin advisor to the president, disclosed that the administration's medium-term goal is to accumulate an additional 20,000 Bitcoins.

#ElSalvador #Bitcoin #NayibBukele #MaxKeiser #cryptocurrency #finance #blockchain #digitalcurrency #BTC
πŸ‘1
πŸš€ Bitcoin(BTC) Surpasses 98,000 USDT with a 1.04% Increase in 24 Hours

On Dec 21, 2024, 20:19 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 98,000 USDT benchmark and is now trading at 98,040.007813 USDT, with a narrowed 1.04% increase in 24 hours.

#Bitcoin #BTC #USDT #cryptocurrency #Binance #marketdata #trading #priceincrease
πŸš€ BNB Drops Below 660 USDT with a 1.45% Decrease in 24 Hours

On Dec 21, 2024, 21:37 PM(UTC). According to Binance Market Data, BNB has dropped below 660 USDT and is now trading at 659.820007 USDT, with a narrowed 1.45% decrease in 24 hours.

#BNB #cryptocurrency #Binance #USDT #marketdata #trading #priceupdate #decrease
πŸš€ Bitcoin(BTC) Drops Below 97,000 USDT with a Narrowed 0.65% Increase in 24 Hours

On Dec 21, 2024, 21:39 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 97,000 USDT and is now trading at 96,908.039063 USDT, with a narrowed narrowed 0.65% increase in 24 hours.

#Bitcoin #BTC #USDT #cryptocurrency #trading #Binance #marketdata #24hours
πŸš€ Ethereum(ETH) Drops Below 3,300 USDT with a 4.64% Decrease in 24 Hours

On Dec 21, 2024, 22:11 PM(UTC). According to Binance Market Data, Ethereum has dropped below 3,300 USDT and is now trading at 3,298.97998 USDT, with a narrowed 4.64% decrease in 24 hours.

#Ethereum #ETH #cryptocurrency #Binance #USDT #marketdrop #trading
πŸš€ Biden Administration Plans Trade Restrictions On AI Firm Linked To Bitmain

According to Odaily, the Biden administration is reportedly planning to add Sophgo, an AI company linked to Bitmain, to the U.S. Department of Commerce's restricted trade list. This decision comes after allegations that chips manufactured by TSMC for Sophgo were illegally incorporated into Huawei's AI processors. Companies that violate U.S. national security and foreign policy interests are placed on this list, prohibiting exporters from shipping goods and technology to the U.S. without a license, which is likely to be denied. A spokesperson for the U.S. Department of Commerce declined to comment, and Sophgo did not immediately respond to requests for comment. In a statement from October, Sophgo asserted that it has never had any direct or indirect business relationship with Huawei. However, the company did not deny reports of TSMC cutting off chip supplies. Sophgo also stated that it provided TSMC with a detailed investigation report to demonstrate that its dealings were unrelated to Huawei. Earlier this month, the U.S. Department of Commerce initiated an investigation into TSMC to verify whether it supplied chips to Huawei, leading TSMC to halt chip supplies to Sophgo. Two informed sources confirmed that TSMC has ceased supplying chips to the company. Since 2020, Huawei has been prohibited from purchasing chips made with U.S. technology, including those produced by TSMC. TSMC has acknowledged using U.S. technology in its chip manufacturing process and has committed to complying with U.S. laws. Previous reports indicated that semiconductor research firm TechInsights claimed that upon dismantling Huawei's high-end AI accelerator chip, Ascend 910B, it was found to potentially be manufactured by TSMC, suggesting a possible violation of U.S. export controls.

#BidenAdministration #TradeRestrictions #AI #Bitmain #Sophgo #Huawei #TSMC #NationalSecurity #ForeignPolicy #Semiconductor #ExportControls
πŸš€ UAE Strengthens Coordination Against Virtual Asset Crimes

According to Odaily, the United Arab Emirates (UAE) Ministry of Interior and the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) have signed a memorandum of understanding to enhance coordination in combating crimes related to virtual assets. The agreement mandates information sharing and the strengthening of risk mitigation frameworks. It also aims to support the UAE's strategy to protect its financial system from evolving threats in the digital asset sector. The initiative seeks to improve the security and effectiveness of the UAE's financial system through knowledge sharing, joint training programs, and enhanced investigative capabilities.

#UAE #VirtualAssets #FinancialCrimes #Coordination #InformationSharing #RiskMitigation #DigitalAssets #FinancialSecurity #ADGM
πŸš€ Ethereum's EIP-1559 Leads To Significant ETH Burn

According to PANews, since the activation of Ethereum Improvement Proposal (EIP) 1559, a total of 4,523,479.74 ETH, valued at over $15.3 billion, has been permanently burned. On-chain transfers account for approximately 8.17% of the total ETH burned, while transactions on the Opensea NFT platform contribute to about 5.08% of the burn. The decentralized exchange platform Uniswap has burned 225,723.78 ETH, representing 4.99% of the total ETH burned. Additionally, Tether (USDT) transactions on the Ethereum network have resulted in the burning of 205,458.95 ETH, making up 4.54% of the total. Currently, the network's inflation rate is at a moderate 0.820%, with the circulating supply of ETH increasing by 3,245,017.99 since the hard fork.

#Ethereum #EIP1559 #ETHBurn #Opensea #Uniswap #USDT #Blockchain #Cryptocurrency #UNI
πŸš€ Web3 Security Threats Surge In 2024 With Significant Financial Losses

According to Odaily, a report by Cyvers highlights a sharp increase in Web3 network threats in 2024, resulting in losses exceeding $2.3 billion across 165 security incidents. This marks a 40% rise compared to the $1.69 billion lost in 2023, though it remains $1.42 billion lower than the $3.78 billion lost in 2022. Notably, $1.3 billion of stolen funds were recovered this year.

Cyvers reports that incidents related to access control accounted for 81% of the $2.3 billion losses, with 67 such events recorded. Additionally, approximately 98 incidents involving smart contract vulnerabilities resulted in losses totaling $456.3 million. A single address poisoning incident led to losses exceeding $68 million.

Analyzing the past three years, losses related to access control breaches have steadily increased from $769 million in 2022 to $1.9 billion by the end of 2024. In contrast, losses due to code exploitation in 2023 and 2024 were significantly lower than the approximately $3 billion lost in 2022.


#Web3 #Security #Threats #FinancialLosses #Cybersecurity #Blockchain #SmartContracts #AccessControl #IncidentReport #LossRecovery
πŸš€ Top Countries Leading In Blockchain And Cryptocurrency Technology

According to PANews, a recent study by ApeX has identified the top ten countries leading in blockchain and cryptocurrency technology, with Singapore taking the top spot. The study evaluated countries using a composite index based on three core indicators: blockchain patents, blockchain-related job positions, and the number of cryptocurrency exchanges.

Singapore leads the list with over 2,400 blockchain-related job positions and 81 cryptocurrency exchanges, making it one of the most concentrated hubs for crypto platforms globally.

Hong Kong ranks second, with its financial infrastructure seamlessly integrating blockchain technology. The region supports over 1,100 blockchain-related jobs and numerous cryptocurrency exchanges.

Estonia is third, boasting 95 blockchain patents, 149 blockchain-related job positions, and 52 cryptocurrency exchanges.

Switzerland is fourth, recognized for its leadership in decentralized finance, with 440 blockchain-related jobs and 32 cryptocurrency exchanges.

The United States ranks fifth, with 32,000 blockchain patents, over 17,000 blockchain-related job positions, and 166 cryptocurrency exchanges.

Canada is sixth, offering more than 1,200 blockchain-related jobs, 1,200 blockchain patents, and 32 cryptocurrency exchanges.

Australia is seventh, having developed 1,400 blockchain patents, 573 blockchain-related jobs, and 31 cryptocurrency exchanges.

South Korea ranks eighth, with 18,000 blockchain patents, 121 blockchain-related jobs, and 29 cryptocurrency exchanges.

The United Kingdom is ninth, with 95 cryptocurrency exchanges, 2,673 blockchain-related jobs, and 2,800 blockchain patents.

The United Arab Emirates rounds out the top ten, with 340 blockchain patents, 414 blockchain-related jobs, and 9 cryptocurrency exchanges.


#Blockchain #Cryptocurrency #Singapore #HongKong #Estonia #Switzerland #UnitedStates #Canada #Australia #SouthKorea #UnitedKingdom #UnitedArabEmirates
πŸš€ Robert Kiyosaki Advocates Bitcoin Investment Amid Economic Concerns

According to Odaily, Robert Kiyosaki, the author of 'Rich Dad Poor Dad,' recently expressed his views on Bitcoin through a post on X. He addressed the question of whether it is too late to start buying Bitcoin, asserting that it is never too late. Kiyosaki highlighted the design of Bitcoin, which allows individuals to invest regardless of its price, with the intention of enabling wealth accumulation even for latecomers. He advised against excessive greed in the process.

In another post, Kiyosaki extended his gratitude to holders of gold, silver, and Bitcoin, while explaining his skepticism towards the U.S. government, Treasury, and Federal Reserve. He stated, "I do not trust the U.S. government, the U.S. Treasury, or the Federal Reserve." His distrust dates back to 1965, when he observed the transition from silver coins to copper alloys, and it deepened in 1971 when President Nixon ended the gold standard for the dollar.

Reflecting on this period, Kiyosaki noted, "In 1971, I began 'saving' gold and silver, and now it is Bitcoin." He urged investors to consider physical assets, emphasizing that "the best investments today are physical gold, silver, and Bitcoin." Kiyosaki warned of an impending collapse of the global financial system.


#RobertKiyosaki #Bitcoin #Investment #Gold #Silver #EconomicConcerns #FinancialSystem #WealthAccumulation #TrustIssues #PhysicalAssets #BTC
πŸš€ Bitcoin Falls Below $97,000 With Slight 24-Hour Decline

According to BlockBeats, Bitcoin's price has dropped below $97,000, currently standing at $96,879. This marks a 0.41% decrease over the past 24 hours.

#Bitcoin #Cryptocurrency #PriceDrop #MarketTrends #Blockchain #BTC
πŸš€ Interpol Issues Red Notice for Hex Founder Richard Heart

According to Foresight News, Interpol has issued a red notice for Richard Heart, the founder of Hex and PulseChain, at the request of Finland. Heart is accused of serious tax evasion and assault. The European Union law enforcement agency, Europol, has listed an arrest warrant for Heart, citing tax evasion amounting to "hundreds of millions of euros" and an alleged assault on a 16-year-old. Previously, Foresight News reported that the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Richard Heart in 2023. The SEC accused him of raising over $1 billion through unregistered securities offerings and using the funds to purchase luxury cars, designer clothing, and rare black diamonds valued at over $4 million.

#Interpol #RedNotice #RichardHeart #Hex #PulseChain #TaxEvasion #Europol #SEC #Lawsuit #Assault
πŸš€ Martin Shkreli Comments On Michael Saylor's Bitcoin Advocacy

According to Odaily, Martin Shkreli, a controversial pharmaceutical executive, remarked that questioning Michael Saylor's character without attempting to understand him reflects poorly on one's judgment. Shkreli noted that Saylor is dedicated to remembering every detail about Bitcoin.

#MartinShkreli #MichaelSaylor #Bitcoin #Cryptocurrency #CharacterJudgment #BitcoinAdvocacy #BTC
πŸš€ Magic Eden Expands Blockchain Support To 11 Chains

According to Odaily, Magic Eden's Co-Founder and CEO, Jack Lu, announced on X that the platform now supports 11 different blockchains. These include Solana, Bitcoin, Ethereum, Base, ApeChain, Arbitrum, Sei, BNB Chain, Polygon, Berachain, and Monad. Lu emphasized the platform's commitment to accommodating all chains, assets, and communities, with plans to add more chains in the future for users to explore.

#MagicEden #Blockchain #Solana #Bitcoin #Ethereum #Base #ApeChain #Arbitrum #Sei #BNBChain #Polygon #Berachain #Monad #Crypto #Web3
πŸš€ Cardano Partners to Launch Lithium Tokenization Project in Argentina

According to Odaily, Cardano has partnered with AtΓ³mico 3, Zengate, and Alto Grande to introduce what is claimed to be the world's first lithium tokenization project in Argentina. The initiative is scheduled for launch in the first quarter of 2025. This project will leverage Cardano's blockchain technology to convert lithium property rights into digital tokens, enabling investors to trade fractional shares of the mineral without the need for physical handling or ownership. The process aims to democratize resource access through secure and immutable blockchain transactions, enhance liquidity, and facilitate international trade.Argentina is home to some of the largest lithium deposits globally, primarily located in Catamarca, Salta, and Jujuy. This metal is not only a cornerstone for electric vehicle (EV) batteries and renewable energy storage but also crucial for the global transition to clean energy. Some analysts estimate that driven by increasing global demand, the EV industry alone could reach a value of $1.3 trillion over the next three years.

#Cardano #Lithium #Tokenization #Argentina #Blockchain #Investment #EV #CleanEnergy #DigitalTokens #Liquidity #ADA
πŸš€ πŸ”₯ El Salvador Wallet Adds 11 BTC to Strategic Reserves πŸ”₯

According to on-chain data, about half an hour ago, an El Salvador wallet address added approximately 11 BTC (worth $1.06 million) to its strategic Bitcoin reserves.Earlier reports indicated that El Salvador plans to accelerate its Bitcoin purchases for strategic reserves. The country's official Bitcoin wallet, Chivo, will be either sold or discontinued due to a $1.4 billion loan agreement with the IMF, and Bitcoin payments will become voluntary.

#ElSalvador #BTC #Bitcoin #Chivo #StrategicReserves #IMF #Cryptocurrency #Blockchain